Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million. Continue reading
Find out why this high-flying Beverly Hills real estate broker is in the spotlight and learn what he predicts for the rest of 2023. Continue reading
As the battle for agent count stalls amid a slow market, firms such as Compass are seeing former agents, lured away by promises of better tech and more opportunities, come back into the fold. Continue reading
Increasingly, wealthy would-be homebuyers are opting to rent in lieu of homeownership, choosing to cough up top dollar for $69,000-a-night Airbnbs and apartments for north of $100,000. But why? Continue reading
The two-day Christie’s International Real Estate conference in the Cayman Islands drew broker-owners — including Aaron Kirman in his debut at the event — from four continents and around two dozen U.S. states. Continue reading
Luxury home sales slowed faster than lower-priced homes. Crypto, tech stocks and proptech values plummeted. Is the slowdown impacting wealthy buyers more? Continue reading
The luxury brand’s billion-dollar growth in terms of agent business came in large part from strategic recruitment by its Sereno and Orange County affiliates, as well as the addition of star agent Aaron Kirman. Continue reading
Chris and Roberta Hanley designed a 5,500-square-foot home with mirrored glass to reflect the surrounding 70 acres of desert landscape near Joshua Tree National Park. Continue reading
The brokerage has dominated the conversation for years in real estate but is now faced with the task of becoming profitable amid its first major market downturn. Continue reading
The luxury real estate sector faced its ups and downs as the market entered a period of significant transition, but that didn’t prevent luxury clients from making some stellar deals. Continue reading